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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (984)3/5/2001 9:12:17 PM
From: Razorbak  Respond to of 23153
 
<AMZN>

Dabum3,

Up 26% today on rumors and a declining economic environment led me to speculate that this is a good choice for a calculated short.

Ditto. I sold into the afternoon rise at 12 3/4.

FWIW, I suspect this rally was largely the result of a short squeeze on the large short position (i.e., 32% of float) that I mentioned a few days ago when we were discussing shorting KREM. I also suspect the MM's had a field day tripping stop loss orders all the way up. Tomorrow should be a profitable day for both of us. :)

Razor